Fed Rate Cuts 2024 March. While the fed funds rate has likely reached its peak for this tightening cycle, questions remain about the precise timing and. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and.

As of march 20, it’s fallen to 4.55 percent. The federal reserve is still seen beginning interest rate cuts in march, though traders became a shade less confident on that start date and on the extent of.